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ZIP 20623 in Cheltenham, MD: housing market trends

The median home sale price in ZIP 20623 in Cheltenham, MD was $467,363 for the three-month period ending September 2026. Sale prices were 15.1% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$467,363
three-month period ending September 2026
Median sale price per sq ft
$204.15
three-month period ending September 2026
Active listings
18
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 18 active listings for the three-month period ending September 2026. Active listings were 63.6% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 96 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 20623 in Cheltenham, MD
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$467,363$204.1512
Single-familySeptember 2026$467,382$204.1512
TownhousesSeptember 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 20623 in Cheltenham, MD
MarketMedian sale priceReporting period / source
Cheltenham, MDUnavailableMonth ending unavailable date · Zillow
Clinton, MD$447,2373 months ending September 2026 · Redfin
Brandywine, MD$474,3643 months ending September 2026 · Redfin
Camp Springs, MD$425,7973 months ending September 2026 · Redfin
Upper Marlboro, MD$324,8453 months ending September 2026 · Redfin
Oxon Hill, MD$347,8343 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 20623 in Cheltenham, MD
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$467,363$204.1518
August 2026$420,000$208.5822
July 2026$425,000$201.5322
June 2026$473,750$180.6821
May 2026$567,500$195.9020
April 2026$406,250$241.1215
March 2026$406,250$241.128
February 2026$495,000$236.927
January 2026$610,000$195.399
December 2025$610,000$195.397
November 2025$611,000$211.797
October 2025$589,000$234.298
September 2025$406,000$310.8611
August 2025$413,000$275.7011
July 2025$480,000$274.9113
June 2025$517,500$228.4313
May 2025$495,000$263.1412
April 2025$504,500$216.658
March 2025$370,000$251.364
February 2025$555,625$168.395
January 2025$555,625$168.395
December 2024$555,625$168.397
November 2024UnavailableUnavailable7
October 2024$669,000$129.256

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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